ACH payments

Bank fees can add up, and traditional payment processors, such as credit card providers and online payment services, often charge high fees. For many small businesses, this can become a burden over time. ACH payments are an alternative that even small businesses can leverage.

Payment trends continue to focus on faster, more secure payments. Consumers want convenient payment options, businesses need efficient payment processing, and everyone wants a low-cost solution. Increased demand for embedded payments, cross-border transactions, and same-day processing push financial systems to develop new systems and processes. And yet, the growing sophistication of cybercriminals requires payment processors […]

In today’s fast-paced digital world, merchants need to adopt cost-effective payment solutions as they significantly lower operational costs, improve profit margins, and cater to the unique needs of their clients. Enter the automated clearing house (ACH), a key system progressively transforming the financial industry. Popular ACH uses include direct deposits, vendor payments, payroll, and other […]

We understand that the goal of every reseller is to find the best payment solutions for their merchants. To do right by them, support them and bring them competitively priced options that set up their business for success. It’s this challenging landscape that drives them to look to your support. Should they accept checks? What […]

As of October 1, NACHA has expanded the definitions of R06 and R17 return codes to provide additional flexibility for handling ACH transactions. Whether you’re a merchant, processing payments via ACH or an ISO reseller helping merchants implement these payment capabilities, it’s important to stay informed about these changes to ensure efficient and secure transaction […]

With Visa and Mastercard recently announcing plans to increase credit card processing fees starting in October and April, many businesses are looking for ways to offset these extra costs. While some may choose to raise prices for consumers, another option is to transition toward more cost-effective methods like ACH payments.

Merchants and ISO resellers are quickly adopting ACH payments because of its lower processing fees to save merchants money, higher margins for resellers, convenience fee alternatives and cash discounts.

To build ACH yourself might seem simple, easy and risk-free. But it's not. Here are things to consider and how VCI helps mitigate any risk to your company.

Sanjay Patel was recently appointed Director of Technology, and has a lot of exciting things in the works. Each of which will help our ACH payment processing clients and partners grow. Here is a little more from Sanjay about his new role and focus!

VCI today reported that it has grown 122 percent in monthly payment processing volume year-over-year as of March 31, 2021. Read more about the ACH payment processing offerings, expanded partner program and new team members.

The volume of payments through ACH wire transfer increased in 2020 by over 8% since the previous year to a record 26.8 billion. It’s also the 6th year in a row where payment volume went up by a billion. Much of the increase is due to the pandemic and the shift to direct transfers like […]